Negative – Socialism May Not Be Such a Bad Idea
With the deepening decline in the middle class, there needs to be a better look into the economic system that is established by our government. According to an article from The Guardian, “Selfish Capitalism is bad for our Mental Health”, “Selfish Capitalism has massively increased the wealth of the wealthy, robbing the average earner to give to the rich. There was no ‘trickle-down effect’ after all.”
As of Jan. 19, the United States has hit the debt ceiling. The limit on the U.S. debt has been met at $31.4 trillion and may only be surpassed in the future. To define the issue, the debt ceiling is the restriction of the amount of debt that the U.S. can possess, established by Congress, […]